Auditing and Assurance Services, Student Value Edition (16th Edition)
Auditing and Assurance Services, Student Value Edition (16th Edition)
16th Edition
ISBN: 9780134075754
Author: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
Publisher: PEARSON
Question
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Chapter 5, Problem 26DQP

a.

To determine

State the nature of the complaint underlying LR No.22902.

b.

To determine

State the sections of the federal securities laws are the individuals involved accused of violating.

c.

To determine

State the role of the independent auditor in the fraud and identify the possible defense (s) can the auditor’s use of the auditors is accused of violating federal securities laws in this case.

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